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To: Richard Russell who wrote (29525)3/5/1998 6:41:00 PM
From: Richard Russell  Read Replies (1) | Respond to of 53903
 
SCHAUMBURG, Ill.--(BUSINESS WIRE)--March 5, 1998--Motorola, Inc. said
today its first quarter 1998 sales are expected to be about the same as
those for the first quarter a year ago, primarily because of the effects
of weakened Asian currencies. Earnings are expected to be well below the
expectations of the investment community.

Although the Company said in January that it hoped the efforts of the
International Monetary Fund and others might help stabilize Asian
consumer confidence, with the exception of China, that does not appear
to have occurred. Motorola is experiencing deflationary
currency-influenced price competition coupled with traditional industry
price competitiveness and certain semiconductor industry segment
slowdowns that produced weaker than expected January and February
results.

Motorola expects that the most significant contributor to the shortfall
of the Company's first-quarter results will be its Semiconductor
Products Sector. The Sector's Consumer Systems Group and Components
Group have been affected by significant softness in demand in Asia and
increased price pressure in most other regional semiconductor markets,
as competitors seek to maintain unit volume production and market share
during this period of slower growth. More normal growth rates and
pricing are being experienced in the Sector's Networking and Computing
Systems, Wireless Subscriber Systems and Transportation Systems Groups.



To: Richard Russell who wrote (29525)3/5/1998 6:53:00 PM
From: Richard Russell  Respond to of 53903
 
SCHAUMBURG, Ill.--(BUSINESS WIRE)--March 5, 1998--Motorola, Inc. said
today its first quarter 1998 sales are expected to be about the same as
those for the first quarter a year ago, primarily because of the effects
of weakened Asian currencies. Earnings are expected to be well below the
expectations of the investment community.

Although the Company said in January that it hoped the efforts of the
International Monetary Fund and others might help stabilize Asian
consumer confidence, with the exception of China, that does not appear
to have occurred. Motorola is experiencing deflationary
currency-influenced price competition coupled with traditional industry
price competitiveness and certain semiconductor industry segment
slowdowns that produced weaker than expected January and February
results.

Motorola expects that the most significant contributor to the shortfall
of the Company's first-quarter results will be its Semiconductor
Products Sector. The Sector's Consumer Systems Group and Components
Group have been affected by significant softness in demand in Asia and
increased price pressure in most other regional semiconductor markets,
as competitors seek to maintain unit volume production and market share
during this period of slower growth. More normal growth rates and
pricing are being experienced in the Sector's Networking and Computing
Systems, Wireless Subscriber Systems and Transportation Systems Groups.



To: Richard Russell who wrote (29525)3/5/1998 7:31:00 PM
From: johnlea  Respond to of 53903
 
from microsoft investor. . .

Motorola said it was experiencing price competition influenced by recent devaluations of Asian currencies, coupled with traditional industry pricing pressures.

In addition, slowdowns in the semiconductor market have led to weaker-than-expected results in January and February, it said. Indeed, the company said semiconductor products were most responsible for the expected earnings shortfall.